Chilean President José Antonio Kast recently stated that the state has been spending more than it has received in revenue for over a decade. However, this claim has been rated as “Incomplete” by Fast Check, a fact-checking organization. While the majority of the past years showed negative fiscal balances, 2022 closed with positive figures. Specifically, Chile registered an effective positive balance of 1.1% and a structural balance of 0.5% that year. This indicates a temporary shift from the previous trend of deficit spending in Chile. The statement by President Kast doesn't fully represent the financial situation of the country over the past ten years. Therefore, the claim requires further nuance to be entirely accurate.